Business Credit

Building Business Credit for Small Business

You are here: Home / Archives for how to get business credit

50 Tips for Getting Business Credit that Will Make an Impact

By

Getting Business Credit

As a small business owner, getting business credit is a necessity, if you want to have access to funding, protect your personal credit and establish a credit identity for your company.

The good news is I’ve done the heavy lifting for you, and today you’ll get to look at the most important advice I’ve compiled for getting business credit…and you’ll see how you can apply Getting Business Credit these tips to produce more results.

Here is my list of 50 tips for getting business credit that will make an impact to your business.

Sound good?

Let’s get started!
Click to continue …

5 Ways to Get Business Credit for Startups

By

Get Business Credit for Startups

In a recent post that we wrote for the Small Business Administration (SBA.gov) we discussed the five different ways to get business credit whether you’re a startup or existing business. In today’s post, we’re going to expand on that article and provide immediate actions steps you can take to get the credit you need. get business credit for startups

Now establishing business credit may appear to be a difficult and time-intensive process but that’s far from the truth. In fact, the process of building credit for your startup is not that different from what you did to build up your own personal credit.

Here are the five ways to get business credit for startups:

1) Get Payment Terms from Suppliers – If you’re an established business you can most likely get payment terms from suppliers especially if you’re a long-standing customer. Typically, suppliers will extend credit arrangements on net 30 terms.
Click to continue …

How To Get Business Credit Without Putting Personal Credit At Risk

By

How to Get Business Credit

Are your business’ debts showing up on your personal credit reports?

In this post I will cover how to get business credit while protecting your own personal credit. Now keep in mind, having strong personal FICO® scores gives you excellent leverage when acquiring business financing. get business credit

However, a strong business credit rating showing credit diversity enables your business to show lenders it can stand on its own for financing. With a creditworthy business you can secure much greater financing with higher credit limits compared to relying solely on personal credit.

To accomplish this the first thing to understand is your business must establish a business credit report with all three major business credit reporting agencies; Corporate Experian, Equifax Small Business, and Dun & Bradstreet.
Click to continue …

CATEGORIES

RECENT POSTS

CONNECT WITH US